Homes or Houses, a company that sources and rents properties for expatriates and foreign buyers investing in UK property, has become the first international firm to raise funds using the Dubai-founded equity crowdfunding platform Eureeca.

Jackie Fitzgerald, the company’s founder and director, is a former Arabian Gulf ...
More..

A businessman who owned apartments within The Address Downtown is urging the building’s developer and owner Emaar Properties to be as efficient in dealing with residents’ compensation claims as it has pledged to be in restoring the property.

GSA Group is to open its first purpose-built student accommodation building in Dubai next month.

The Dh110 million property, branded as Uninest, contains 424 beds as well as common areas including a pool, gym, terrace and cinema area. It has been built near Skycourt Towers in Dubailand, close to Dubai International Academic...
More..

I would like to move into my apartment, which is currently being rented. I have three months before the expiration of the contract. I am aware that I need to give a 12-month notice by registered mail but what are my chances of going to the rent dispute committee and seeing if they will agree for the tenant to leave? I am currently...
More..

Nobody can be exactly sure how The Address fire on New Year’s Eve will affect Dubai property prices. But as high-rise building freehold owners and insurance experts become increasingly nervous about the cost implications of a government survey of all pr...
More..

Sale prices of villas at The Springs community in Dubai have dropped by 18 per cent over the past year as buyers have opted for cheaper, newly completed stock in secondary communities such as Jumeirah Village Triangle and Al Furjan, according to Cavendish Maxwell.

The joint venture between Investment Corporation of Dubai (ICD) and Brookfield Property Partners has broken ground on its US$1 billion development within Dubai International Financial Centre (DIFC) district.

The 54-storey, 282 metre-high ICD Brookfield Place, which has been designed by the British architects Foster + Partne...
More..

My friend and I paid a guy a full year’s rent for rooms in an Al Barsha hotel as he had a real estate company and a contract with the hotel. After six months the hotel called us and locked us out of our rooms and called the police. The police came and said the hotel needed a court order to evict us. We did not hear from them...
More..

Dubai’s residential property market is showing signs of plateauing after about 18 months of price decline.

New figures from the consultancy ValuStrat show that there was “no significant change” in values of apartments and villas in the 26 areas that it monitored in December. It said that its ValuStrat Pric...
More..

The Abu Dhabi real estate sector was something of Dr Jekyll and Mr Hyde last year. Sales prices have been flat since the last quarter of 2014, but leasing failed to read the script and was up by as much as 7 per cent in some areas last year, according to JLL – although that is still much reduced from the pace in 2013 and 2014. What ...
More..

Abu Dhabi’s skyline has changed dramatically in recent years – most notably at Reem Island, where so many buildings are being erected that it looks like someone is attempting to create a forest made from glass and steel towers.

For lovers of the high life, one apartment on the market in Aldar Properties’ S...
More..

Government and private sector clients have an opportunity to commission new buildings at bargain rates, according to Arcadis.

The company’s latest International Construction Costs 2016 report states that Dubai remains a relatively cheap place to build. It is ranked 18th worldwide in a list of 44 major cities, meaning ...
More..

We have rented a place in Abu Dhabi for a year, however maintenance is non- existent. We often have broken AC and no water in the whole villa. We have had no hot water for two months and a main gate that is broken which has not been fixed for four months. I have been trying to call the landlord to fix it, yet nothing has been done...
More..

Insurers are set to review building premiums after the New Year’s Eve blaze at The Address Downtown Dubai.

The fire at the hotel was the latest in a string of building blazes in Dubai last year, including ones at The Torch Tower at Dubai Marina in February and the Regal office tower in Business Bay in November.
...
More..

The New Year’s Eve fire at The Address Downtown Dubai hotel has left its owner, Emaar Properties, with a task ahead to avoid any damage to its brand that might follow the negative publicity it generated worldwide.

Dubai itself, though receiving widespread praise locally for the manner in which the civil authorities de...
More..